Who knew: Investment fraud through internet dating
What next. Here is a horrible example of just how clever a con artist can be. Defrauding women through an internet dating service. This isn’t the first time we have heard of such tactics.
Just imagine. You are single and looking for a suitable mate. The woman used an online dating site, plentyoffish.com. The next thing you know, you have been convinced by a potential partner to part with some or all of your savings. In this case, the person portrayed himself as a labour lawyer who had connections in the Canada Revenue Agency that could help resolve a tax issue involving the woman’s business.
It could just as easily been someone claiming to be an advisor offering an investment opportunity – usually one claiming to have high returns with little or no risk.
What’s the lesson here? Well, it means that career con people will find any avenue to prey on individuals and steal money from them. Just when you least expect it.
What should you do? Before writing the cheque on a potential investment opportunity, see if he or she is a registered investment advisor. Check to see if he/she is on the disciplined persons list. Google their name to see if there is any prior history that makes you suspicious.
Get a second opinion.
If you are remotely suspicious, contact BCSC Inquiries report it.